$6,530 Closing Credit*
$549,900
1,944 SqFt
3 Beds
•2 Full Baths
Wesley Pittman, Listing Office: TrueNest Properties
Is 89506, NV a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since October 2023
Since last year, 89506 has remained a Seller's Market.
Key Takeaway
89506 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in 89506, NV
How much do homes in 89506, NV cost?
Median Sold Price
$444,900
$272/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
+$9,900(+2.3%)
Key Takeaway
Homes in 89506 have sold for 2.3% more than they did a year ago.
Summary: The median home sold price in 89506 was $444,900 in October 2024, up 2.3% from last year, and the median price per square foot was $272.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | $215K | N/A |
| 2 Bedrooms | $337.4K | $304.5K | -9.8% |
| 3 Bedrooms | $420K | $430K | +2.4% |
| 4 Bedrooms | $480K | $500K | +4.2% |
| 5+ Bedrooms | $699K | $580K | -17.0% |
Summary: 89506 housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 9.8%, 3 bedroom homes increased by 2.4%, 4 bedroom homes increased by 4.2%, and 5+ bedroom homes decreased by 17%.
Median Sold Price Compared To Nearby Zip Codes
| 89433 | $405K | $430.9K | +6.4% |
| 89436 | $530K | $549.3K | +3.6% |
| 89512 | $341K | $350K | +2.6% |
| 89506 | $435K | $444.9K | +2.3% |
| 89441 | $642.5K | $650K | +1.2% |
Housing Supply in 89506, NV
How many homes are available in 89506, NV?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 199 | 211 | +6.0% |
Summary: The 89506 real estate market had 211 homes for sale in October 2024, a 6.0% increase compared to September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 22 | 24 | +9.1% |
| 3 Bedrooms | 103 | 100 | -2.9% |
| 4 Bedrooms | 64 | 76 | +18.8% |
| 5+ Bedrooms | 10 | 11 | +10.0% |
Summary: The 89506 housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 9.1%, 3 bedroom homes decreased by 2.9%, 4 bedroom homes increased by 18.8%, and 5+ bedroom homes increased by 10%.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 38 | 48 | +26.3% |
Asking Price vs. Sold Price
16 Homes Were Sold
Under Asking
22 Homes Were Sold
At Asking
10 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in 89506, expect to pay close to the asking price. 45.8% of homes here sold near the asking price last month.
Summary: A total of 48 homes were sold or pending in 89506 in October 2024, up by 26.3% month-over-month. Of the 48 sold homes, 33% were sold under asking, 46% were sold at asking, and 21% were sold over asking.
Days on Market for 89506, NV
How long does it take to sell a home in 89506, NV?
Average Sale Time
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 77 Days | 81 Days | +4.4% |
Summary: Homes in 89506 had an average of 81 days on market in Oct 2024, up by 4.4% compared to last year.
Breakdown of Home Sale Times
4 Homes Were Sold
Under 30 Days
29 Homes Were Sold
In 30 - 90 Days
15 Homes Were Sold
Over 90 Days
Key Takeaway
Avg time on Rocket Homes in 89506 has remained consistent over time.
Summary: During October 2024, 48 homes were sold in 89506; 8% of homes were sold within 30 days, 60% of homes were sold within 30 to 90 days, and 31% of homes were sold over 90 days.
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